Product Code: ETC4434925 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India fingerprint sensor market import shipment demonstrated a steady growth trend with a CAGR of 5.0% from 2020 to 2024. However, there was a notable decline in growth rate between 2023 and 2024, indicating a slowdown in market expansion during that period. Overall, the market showed resilience but experienced a slight deceleration in growth momentum towards the end of the period.
The India fingerprint sensor market has gained prominence due to the growing focus on security and biometric authentication. Fingerprint sensors are widely used in smartphones, access control systems, and financial services to ensure secure and convenient user authentication. India digital payments ecosystem has further driven the adoption of fingerprint sensors, offering a secure and user-friendly way to complete financial transactions. With the proliferation of smartphones and the need for secure identification methods, the fingerprint sensor market in India is set for continued growth, making it a key component of the country`s biometric and security landscape.
The India fingerprint sensor market is experiencing substantial growth due to the increasing focus on security and identity verification. Fingerprint sensors are widely used in smartphones, access control systems, and financial services, and their adoption is growing rapidly. Government initiatives like Aadhaar, which use fingerprint-based biometrics for identification, are also fueling the market. The need for secure and convenient authentication methods is a key driver, and the integration of fingerprint sensors into various applications is expected to continue expanding the market.
Security and privacy concerns are significant challenges in the fingerprint sensor market. Data breaches and identity theft issues can undermine user trust. Ensuring the accuracy and robustness of fingerprint sensors under various environmental conditions is another challenge.
The pandemic had a dual impact on the fingerprint sensor market in India. While the use of fingerprint sensors for biometric authentication gained more importance in healthcare and secure access applications, there were concerns about the hygiene and safety of using fingerprint scanners. Some organizations temporarily shifted to alternative authentication methods, like facial recognition or contactless smart cards. However, as hygiene protocols improved, the demand for fingerprint sensors rebounded.
Noteworthy companies in the India fingerprint sensor market include Synaptics, Fingerprint Cards AB, Goodix, IDEX Biometrics, and Egis Technology Inc.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Fingerprint Sensor Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Fingerprint Sensor Market Revenues & Volume, 2021 & 2031F |
3.3 India Fingerprint Sensor Market - Industry Life Cycle |
3.4 India Fingerprint Sensor Market - Porter's Five Forces |
3.5 India Fingerprint Sensor Market Revenues & Volume Share, By Technology, 2021 & 2031F |
3.6 India Fingerprint Sensor Market Revenues & Volume Share, By Sensor Technology, 2021 & 2031F |
3.7 India Fingerprint Sensor Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.8 India Fingerprint Sensor Market Revenues & Volume Share, By Different Materials Used (Qualitative), 2021 & 2031F |
3.9 India Fingerprint Sensor Market Revenues & Volume Share, By Products, 2021 & 2031F |
3.10 India Fingerprint Sensor Market Revenues & Volume Share, By End-Use Application, 2021 & 2031F |
4 India Fingerprint Sensor Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing focus on security and authentication in various sectors such as banking, healthcare, and government. |
4.2.2 Growing adoption of biometric authentication in smartphones and other electronic devices. |
4.2.3 Government initiatives promoting digitalization and biometric identification for services like Aadhaar. |
4.2.4 Rising concerns about data privacy and cyber threats, driving the demand for secure authentication solutions. |
4.3 Market Restraints |
4.3.1 High initial costs associated with deploying fingerprint sensor technology. |
4.3.2 Concerns regarding the accuracy and reliability of fingerprint sensors, especially in varied environmental conditions. |
4.3.3 Lack of standardization and interoperability among different fingerprint sensor systems. |
4.3.4 Limited awareness and understanding about the benefits of fingerprint sensor technology among certain user segments. |
5 India Fingerprint Sensor Market Trends |
6 India Fingerprint Sensor Market, By Types |
6.1 India Fingerprint Sensor Market, By Technology |
6.1.1 Overview and Analysis |
6.1.2 India Fingerprint Sensor Market Revenues & Volume, By Technology, 2021-2031F |
6.1.3 India Fingerprint Sensor Market Revenues & Volume, By Capacitive, 2021-2031F |
6.1.4 India Fingerprint Sensor Market Revenues & Volume, By Optical, 2021-2031F |
6.1.5 India Fingerprint Sensor Market Revenues & Volume, By Thermal, 2021-2031F |
6.1.6 India Fingerprint Sensor Market Revenues & Volume, By Ultrasonic, 2021-2031F |
6.2 India Fingerprint Sensor Market, By Sensor Technology |
6.2.1 Overview and Analysis |
6.2.2 India Fingerprint Sensor Market Revenues & Volume, By 2D, 2021-2031F |
6.2.3 India Fingerprint Sensor Market Revenues & Volume, By 3D, 2021-2031F |
6.3 India Fingerprint Sensor Market, By Type |
6.3.1 Overview and Analysis |
6.3.2 India Fingerprint Sensor Market Revenues & Volume, By Area and Touch Sensors, 2021-2031F |
6.3.3 India Fingerprint Sensor Market Revenues & Volume, By Swipe Sensors, 2021-2031F |
6.4 India Fingerprint Sensor Market, By Different Materials Used (Qualitative) |
6.4.1 Overview and Analysis |
6.4.2 India Fingerprint Sensor Market Revenues & Volume, By Piezoelectric Materials (Quartz), 2021-2031F |
6.4.3 India Fingerprint Sensor Market Revenues & Volume, By Pyroelectric Materials (Lithium Tantalate), 2021-2031F |
6.4.4 India Fingerprint Sensor Market Revenues & Volume, By Adhesives, 2021-2031F |
6.4.5 India Fingerprint Sensor Market Revenues & Volume, By Coating Materials, 2021-2031F |
6.5 India Fingerprint Sensor Market, By Products |
6.5.1 Overview and Analysis |
6.5.2 India Fingerprint Sensor Market Revenues & Volume, By Authentication system in smart device, 2021-2031F |
6.5.3 India Fingerprint Sensor Market Revenues & Volume, By Attendance recording system, 2021-2031F |
6.5.4 India Fingerprint Sensor Market Revenues & Volume, By Access Control Systems, 2021-2031F |
6.5.5 India Fingerprint Sensor Market Revenues & Volume, By Biometric Smartcards, 2021-2031F |
6.6 India Fingerprint Sensor Market, By End-Use Application |
6.6.1 Overview and Analysis |
6.6.2 India Fingerprint Sensor Market Revenues & Volume, By Consumer Electronics, 2021-2031F |
6.6.3 India Fingerprint Sensor Market Revenues & Volume, By Travel and Immigration, 2021-2031F |
6.6.4 India Fingerprint Sensor Market Revenues & Volume, By Government and Law Enforcement, 2021-2031F |
6.6.5 India Fingerprint Sensor Market Revenues & Volume, By Banking & Finance, 2021-2031F |
6.6.6 India Fingerprint Sensor Market Revenues & Volume, By Commercial, 2021-2031F |
6.6.7 India Fingerprint Sensor Market Revenues & Volume, By Automotive, 2021-2031F |
7 India Fingerprint Sensor Market Import-Export Trade Statistics |
7.1 India Fingerprint Sensor Market Export to Major Countries |
7.2 India Fingerprint Sensor Market Imports from Major Countries |
8 India Fingerprint Sensor Market Key Performance Indicators |
8.1 Adoption rate of fingerprint sensor technology in key sectors such as banking, healthcare, and government. |
8.2 Number of smartphone models integrating fingerprint sensors in the Indian market. |
8.3 Rate of growth in the number of transactions authenticated using fingerprint sensors in critical applications. |
8.4 Percentage increase in government spending on biometric identification and security solutions. |
8.5 Number of cybersecurity incidents prevented or mitigated through the use of fingerprint sensor technology. |
9 India Fingerprint Sensor Market - Opportunity Assessment |
9.1 India Fingerprint Sensor Market Opportunity Assessment, By Technology, 2021 & 2031F |
9.2 India Fingerprint Sensor Market Opportunity Assessment, By Sensor Technology, 2021 & 2031F |
9.3 India Fingerprint Sensor Market Opportunity Assessment, By Type, 2021 & 2031F |
9.4 India Fingerprint Sensor Market Opportunity Assessment, By Different Materials Used (Qualitative), 2021 & 2031F |
9.5 India Fingerprint Sensor Market Opportunity Assessment, By Products, 2021 & 2031F |
9.6 India Fingerprint Sensor Market Opportunity Assessment, By End-Use Application, 2021 & 2031F |
10 India Fingerprint Sensor Market - Competitive Landscape |
10.1 India Fingerprint Sensor Market Revenue Share, By Companies, 2024 |
10.2 India Fingerprint Sensor Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |